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U.S. Lightning Product Market Development Technology and In-Depth Information 2021-2027

03-16-2021 10:15 AM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

U.S. Lightning Product Market

U.S. Lightning Product Market

The U.S. Lightning Product Market was accounted for US$ 221.8 Mn in terms of value and 4,829.5 Mn units in terms of volume in 2019 and is expected to grow at CAGR of 4.9% for the period 2019-2027.

Lighting products or lighting fixtures are products used for deliberate illumination of light to achieve aesthetic and practical results. Lamps and lighting fixtures are artificial lighting products that are used in residential, commercial, outdoor, and industrial settings. Lighting fixtures such as ceiling fixtures, recessed lighting fixtures and strip light fixtures are widely used among different end-use application, in the U.S. The recent past has witnessed an increased use of LED lamps and bulbs in numerous countries, owing to energy-saving efficiency and extended operational life span, which is around 10 years. LED lamps are being used in almost every application across the U.S.

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Which are the prominent U.S. Lightning Product market players across the globe?
Major companies operating in the U.S. lighting product market are Menards, Acuity Brands Lighting, Inc., Signify Holding, LSI Industries Inc., The Home Depot, Costco, Lowe's Companies, Inc., Wal-Mart, Sam's Club, Target, and Bed Bath & Beyond.

Which Market Dynamics Affects the Businesses?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

What are the Key Segments in the Market?
The U.S. Lightning Product Market, By Standalone Type:
◦ LED Tubes and Bulbs
▪ T8 LED Tube and Bulbs
▪ Others (Incandescent, High Intensity Discharge)
▪ The U.S. Lightning Product Market, By Lighting Fixture:
◦ Ceiling Fixtures
◦ Recessed Lighting Fixture
◦ Strip Light Fixture
◦ Others (Chandeliers, Pendants, etc.)

The U.S. Lightning Product Market, By Application:
◦ Residential Lighting
▪ Table Lamps
▪ Floor Lamps
▪ Desk Lamps
◦ Commercial Lighting
◦ Industrial Lighting
◦ Outdoor Lighting

Contact Us:-
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:-
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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